Transactions

Univar Solutions Strengthens Presence in Turkish Specialty Chemicals Market with Acquisition of Kale Kimya

US-based Univar Solutions, one of world’s leading specialty chemicals and ingredients distributors has agreed to acquire Kale Kimya, a leading Turkish specialty chemicals distributor.

Ventura Partners acted as the exclusive financial advisor to the shareholders of Kale Kimya on the transaction.

Established in Istanbul in 1975, Kale Kimya is a leading provider of specialty chemicals mainly for the personal care and home and industrial cleaning markets in Turkey. With its exclusive representations of more than 20 global chemical manufacturers, Kale Kimya exports to around 30 countries.

US-based Univar Solutions is a leading global specialty chemicals and ingredients distributor, representing a premier portfolio from the world's leading producers. With its 9,500 employees, Univar Solutions generates annual revenues of about US$11 billion. Univar Solutions already has a solid presence in the Turkish market and this acquisition further strengthens Univar’s position in the fast-growing and attractive Turkish specialty chemicals distribution market.